Press Release

Dynagas Chooses GE Power Conversion for Sustainable Marine Solutions
Oct 28, 2013
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  • Systems Based on Variable-Speed Drives are 30 Percent More Efficient than Steam Propulsion
  • Vessels Will be Built by Hyundai Heavy Industries, a Strong Advocate of the GE Technology
  • GE Power Conversion Powers, Propels and Positions the World’s LNG Carriers with the Latest in Efficient Technologies

 

PARIS—October 28, 2013—Greek shipping company Dynagas says it wants to support a cleaner environment through safe and efficient transportation of clean-burning liquid natural gas (LNG). “Dynagas recognizes its responsibilities to the industry to deliver its service in a safe, reliable and economically competitive manner,” Mr. Manos M. Migadis, new building project team manager at Dynagas says. He further says, “The goal of the company, the LNG shipping arm of the George Prokopiou group, is to grow in size and reputation and expand its ability to serve the industry.”

Two new dual-fuel-powered LNG carriers just handed over to Dynagas by Hyundai Heavy Industries (HHI)—the Arctic Aurora and the Yenisei River—are the first part of the latest and possibly clearest demonstration of the company’s intent. Dynagas also will take delivery of five other LNG carriers over the next two years, all equipped with innovative and energy-efficient variable-speed electrical power and propulsion systems developed and constructed by GE’s Power Conversion business (NYSE: GE).

“Dynagas has a strong commitment to reliable, well-proven and energy-efficient propulsion systems,” says Paul English, marine business leader at GE Power Conversion. “Earlier vessels have been equipped with steam propulsion, so we are very happy that HHI, which is a long-term customer of GE and a strong advocate of our induction motor-based systems, has convinced Dynagas of the merit of our technology.”

For each vessel, GE will supply a fully integrated power and propulsion package that includes a MV7000-series induction motor, alternator, converter, transformers and switchboard. Each package is fully tested on a real-time simulator (RTS) that creates conditions at sea at GE Power Conversion’s Power and Control Integration System Centre of Excellence (PCIS COE) in Belfort, France, before being shipped for installation by HHI at its shipyard in Ulsan, Korea.

GE’s MV7000 drive technology delivers efficient and flexible control of electric power, which is some 30 percent more efficient than steam-based mechanical power and is now used across a broad range of applications and industries. The fully integrated package is backed up by a global team with technical expertise.

Since 2006, GE has supplied 37 electrical power and propulsion systems for LNG carriers. Paul English says the company expects further growth in the market and anticipates further opportunities, especially in BRICS countries (Brazil, Russia, India, China and South Africa) and other emerging national economies.


About GE Power Conversion

GE’s Power Conversion business applies the science and systems of power conversion to help drive the electrification of the world’s energy infrastructure by designing and delivering advanced motor, drive and control technologies that evolve today’s industrial processes for a cleaner, more productive future. Serving specialized sectors such as energy, marine, oil and gas, renewables and industry, through customized solutions and advanced technologies, GE Power Conversion partners with customers to maximize efficiency. To learn more, please visit: www.gepowerconversion.com.

Follow GE’s Power Conversion business on Twitter @GE_PowerConvers and on Linkedin.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

Follow GE’s Energy Connections business on Twitter @GE_EnergyMgmt.

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For more information, contact:

 

Paul Floren, GE
Power Conversion, External Affairs
+33 1 53 59 28 44
paul.floren@ge.com

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